Delhi High Court has held that ignorance of tax laws, lack of awareness of deductions, or general assertions of hardship do not constitute “genuine hardship”. (AI image) In a significant ruling on the scope of condonation powers under the Income Tax Act, the Delhi High Court has held that ignorance of tax laws, lack of…
PM Modi has asked ministries and government departments to review the evolving situation and draw up both immediate and long-term plans. (AI image) Atmanirbhar 2.0: The Middle East conflict has led India to re-work its self-reliance strategy to shield key supply chains and strengthen energy security in response to the global economic disruption triggered by…
Pakistan gets $3bn from Saudi Arabia as ‘support’ to shore up forex reserves as UAE debt looms Saudi Arabia has provided new financial help to Pakistan with an extra $3 billion deposit. It has also extended an existing $5 billion loan. This support is important for Pakistan as it struggles to meet its growing debt…
NEW DELHI: The increase in minimum wages in states such as Uttar Pradesh and Haryana may result in several workers getting out of the provident fund net as the current wage ceiling for mandatory contribution to Employees Provident Fund Organisation is Rs 15,000 a month.Amid labour protests, the UP govt has increased the minimum wage…
Oil prices fell again on Wednesday, dropping for the second day in a row. This decline came as hopes for renewed talks between the US and Iran reduced worries about long-term supply issues. However, concerns about risks in the Strait of Hormuz still affect the market.Brent crude futures slipped 0.55% to $94.27 a barrel, after…
Soon after the US Supreme Court verdict, Trump announced a 10% universal tariff. (AI image) Will Donald Trump administration’s high reciprocal tariffs come back to haunt global economies? Treasury Secretary Scott Bessent on Tuesday indicated that Trump’s tariff measures could be reinstated by July, potentially returning to the levels that existed before the Supreme Court…
File photo (Picture credit: AP) Asian markets rose on Wednesday, following strong gains on Wall Street. Lower oil prices and renewed hopes for talks between the United States and Iran increased investor confidence.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.5% to a six-week high, while Japan’s Nikkei gained 1.2%, inching closer to its…
Stock market today (AI image) Stock market today: Sensex and Nifty50 rallied strongly in opening trade on Wednesday after optimism surrounding renewed US-Iran peace talks led oil prices to drop. While Nifty50 went above 24,200, BSE Sensex rose over 1,200 points. At 9:17 AM, Nifty50 was at around 24,223.45, up 381 points or 1.60%. BSE…
Top stocks to buy (AI image) Stock market recommendations: Sona BLW Precision Forgings, Deepak Nitrite, and Vindhya Telelinks are the top stock recommendations from Mehul Kothari, DVP – Technical Research at Anand Rathi Shares for April 15, 2026. Let’s take a look:Sona BLW Precision Forgings – Weekly Breakout with Strong Momentum ConfirmationBuy: ₹572–₹550 | Stop…
Mumbai: Gold loans have expanded fourfold since March 2022, and their share in the retail credit portfolio is now second only to housing loans at Rs 16.8 lakh crore. However, despite the growth the business is disproportionately concentrated in South India with three states accounting for over 50% of all gold loans.According to the Gold…
